$DBS(D05.SI)$ π Stock Analysis: Is DBS (SGX: D05) Still a Strong Buy at Record Highs? With DBS trading near record highs around the S$66.00 mark, many income and value investors are asking the same question: Are we due for a healthy pullback, or does the bank still have more room to run?
$DBS(D05.SI)$ DBS Group Holdings (SGX: D05) maintains strong fundamental momentum driven by robust wealth management and treasury returns, though current trading multiples suggest near-term valuation tightness. Key Performance & Financial Metrics Earnings Growth: Q2 2026 net profit reached SGD 3.08 billion (+9% YoY), beating estimates on strong wealth management fee income and trading growth. Return on Equity (ROE): Sustained at a high 16.5% β 18%, outperforming regional peers. Valuation: Trades at a Price-to-Book (P/B) ratio of ~3.0x and Price-to-Earnings (P/E) of ~18.8x, placing it near historic valuation highs. Dividend Yield: Annualized regular dividend of SGD 0.81 per share per quarter (~